Latest News for: Taxes offshore

Edit

Rachel Reeves hands more snooping powers to HMRC for tax dodger crackdown | This is Money

The Daily Mail 26 Mar 2025
Rachel Reeves is handing HMRC more power to crack down on tax avoidance as she looks to balance the books ... Today she said she had gone further by investing in technology to help HMRC launch a crackdown on tax avoidance ... Tax avoidance.
Edit

Calls for the Government to amend the Foreign Investment Fund regime

NewstalkZB 26 Mar 2025
... some foreigners with illiquid investments offshore an additional, possibly more advantageous, way of paying tax.
Edit

Chancellor Rachel Reeves to use AI to catch wealthy tax dodgers

Computer Weekly 26 Mar 2025
In a bid to tackle wealthy tax avoiders and bring in £500m in unpaid taxes, HMRC will be overhauling its approach to offshore tax non-compliance by the wealthy ... Read more about AI in government. AI Action Summit ... Developing AI datacentres.
Edit

Trump effect? Why the government wants to do away with the equalisation levy or Google tax

The Economic Times 25 Mar 2025
... tax assessments, and measures to ensure tax return accuracy.
Edit

Tullow Oil to sell Gabon assets for $300m

Offshore Technology 25 Mar 2025
The tribunal’s decision confirms that Tullow’s operations including the Jubilee and TEN fields offshore Ghana are not subject to the BPRT tax regime outlined in the Petroleum Agreements.
Edit

Amid US pressure, why India has decided to abolish the ‘Google tax’

Financial Express 25 Mar 2025
This levy, colloquially called \u201cGoogle tax,\u201d affects online advertising services provided by offshore technology firms like Google, Meta and Amazon, requiring them to withhold and remit the tax to the government.
Edit

Centre eases safe harbour rules for managing offshore funds

Business Line 25 Mar 2025
... Tax Act a decade ago to encourage fund management activities of offshore funds from India.
Edit

UK could produce oil and gas to meet half its needs for 25 years

The Times/The Sunday Times 25 Mar 2025
Offshore Energies UK said that “certainty on licensing, regulation and globally competitive tax policies” were required for the industry to ... Higher windfall tax on offshore oil will ‘lose the UK £13bn’.
Edit

Govt seeks to drop 6% tax on online ads, US giants may gain

The Times of India 25 Mar 2025
Govt has also proposed amendments to make offshore fund investments less taxing and sought Parliamentary nod for changes related to tax assessments under search and seizure provisions and ...
Edit

Group behind ‘millionaire’s tax’ calls for tax on ‘billionaire’ corporations

Boston Herald 24 Mar 2025
We can ask the most profitable corporations in the world, who go to great lengths to hide their US profits in offshore tax havens, to pay their fair share here in Massachusetts.”.
Edit

What Rachel Reeves can do to raise money instead of cutting public services

The Observer 24 Mar 2025
Rejecting a wealth tax because it is easy for the rich to move their assets offshore is simply another attempt to deflect attention from this government’s outright refusal to tackle inequality.
Edit

X stands to benefit if UK pulls digital services tax in trade deal with US

The Observer 24 Mar 2025
... “nothing was off the table” when it comes to the tax, which was first imposed by the Conservatives in 2020 to stop international technology companies avoiding tax by hiding their profits offshore.
Edit

Govt proposes to abolish Equalisation Levy on online advertisements

The Times of India 24 Mar 2025
Additionally, changes to tax assessments and amendments to offshore fund ...
×